Kaplan, a provider of higher education, test preparation, professional education, English-language training, and university preparation offerings, has agreed to acquire SmartPros (NASDAQ: SPRO), a provider of accredited professional education and training, primarily in accountancy, for approximately $16.9 million or $2.57 per share. This represents an enterprise valuation of 0.9x revenue or 12.3x EBITDA. SmartPros' current customer base consists of approximately 3,000 companies, which primarily include corporate, accounting and financial services firms.